Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.039%
Price spread now: Coinbase International against SoDEX−0.174%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Coinbase International is 0.174% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 19 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SILVER-USD | 64.953 | 0.0050 | pay 0.0006% / 1h | 20m 07s | $3K | $6K | 20x |
| Short | Coinbase International SILVER-PERP-INTX | 64.840 | 0.0080 | get 0.0010% / 1h | 20m 07s | $1.6M | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.3
- Price spread: −0.174% → 0.000%
- −$17.4
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$29.1
- Costs to cover
- 0.180%
- Break-even
- 39.3 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 1.54 bp | 6.5 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAG on 44 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 64.926 | −0.042% | $12K | $6K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.030 | +0.119% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.030 | +0.119% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.030 | +0.119% | $1.5M | $346K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 64.953 | +0.001% | $117K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0016% | 4h | 65.050 | +0.149% | $138.8M | $187.9M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.027 | +0.115% | $4.6M | $9.9M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.958 | +0.008% | $5.0M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −0.540% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 64.970 | +0.026% | $781K | $3.0M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 65.431 | +0.736% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 65.000 | +0.072% | $446K | $1.5M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.990 | +0.057% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USDlong | +0.0050% | 1h | 64.953 | long leg | $3K | $6K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.900 | −0.082% | $5.6M | $10.1M | 25x | as long as short |
| Variational Omni XAG | +0.0065% | 4h | 65.026 | +0.112% | $5.4M | $9.2M | — | as long as short |
| edgeX XAGUSDC | +0.0071% | 4h | 64.801 | −0.235% | $660K | $314K | 30x | as long as short |
| Paradex XAG-USD-PERP | +0.0076% | 8h | 65.002 | +0.076% | $29K | $166 | 5x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0080% | 1h | 64.840 | −0.174% | $1.6M | $1.5M | 20x | |
| Kalshi KXSILVERPERP | +0.0087% | 24h | 64.993 | +0.062% | $488K | $35.1M | 8.1x | as long as short |
| MEXC SILVER_USDT | +0.0094% | 4h | 65.030 | +0.119% | $123.9M | $160.2M | 1000x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 64.949 | −0.006% | $463K | $591K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.000 | +0.072% | $25.1M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.750 | −0.313% | $111K | $19K | 50x | as long as short |
| Binance XAGUSDT | +0.0102% | 4h | 65.031 | +0.121% | $198.3M | $788.1M | 100x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.017 | +0.099% | $47K | — | 10x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 64.615 | −0.520% | $55K | $31K | 25x | as long as short |
| Aster XAGUSDT | +0.0117% | 4h | 65.020 | +0.103% | $2.6M | $1.0M | 100x | as long as short |
| Hotstuff SILVER-PERP | +0.0128% | 1h | 64.968 | +0.023% | $35K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0136% | 1h | 64.988 | +0.054% | $173.2M | $88.9M | 25x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 65.030 | +0.119% | $1.2M | $4.9M | 20x | as long as short |
| Nado XAG-PERP | +0.0166% | 1h | 64.979 | +0.039% | $1.2M | $4.2M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0210% | 8h | 65.040 | +0.134% | $29.0M | $75.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0218% | 1h | 64.827 | −0.193% | $78K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0220% | 4h | 65.030 | +0.119% | $22.9M | $48.0M | 100x | as long as short |
| Lighter XAG | +0.0232% | 1h | 65.012 | +0.091% | $5.2M | $11.3M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0237% / S −0.0196% | 1h | 65.025 | +0.111% | $92K | — | 111x | as long as short |
| GRVT XAG_USDT_Perp | +0.0298% | 4h | 64.847 | −0.164% | $386K | $1.6M | 25x | as long as short |
| Bullet SILVER-USD | +0.0310% | 1h | 65.025 | +0.111% | $45K | $75K | 10x | as long as short |
| BloFin XAG-USDT | +0.0336% | 4h | 64.980 | +0.042% | $2.7M | $697K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0366% | 1h | 65.010 | +0.088% | $76K | $435K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0368% | 1h | 64.890 | −0.097% | $20K | $15K | 10x | as long as short |
| Bybit XAGUSDT | +0.0374% | 4h | 65.050 | +0.149% | $30.2M | $43.7M | 150x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0419% | 1h | 65.003 | +0.077% | $1.0M | $894K | 25x | as long as short |
SoDEX SILVER-USD
Coinbase International SILVER-PERP-INTX
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
Variational Omni XAG
edgeX XAGUSDC
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
MEXC SILVER_USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
Phoenix SILVER
Aster XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
Lighter XAG
GMX SILVER/USD [ETH-USDC]
GRVT XAG_USDT_Perp
Bullet SILVER-USD
BloFin XAG-USDT
Deribit SILVER_USDC-PERPETUAL
Bybit XAGUSDT
Kraken Futures PF_XAGUSD